CURRENT AFFAIRS

The 2025 Nobel Prize in Economics was awarded to three distinguished economists from the USA, UK, and France—Joel Mokyr, Philippe Aghion, and Peter Howitt.

Experts believe that maintaining sustained economic growth in India amid growing global uncertainties will now primarily depend on strengthening domestic demand, job creation, and innovation. This requires Indian private capital to focus on domestic investment.

According to Prahlad Joshi, Minister of Renewable Energy, Government of India, the central government plans to demonstrate the Pradhan Mantri Kusum (PM-KUSUM) and Pradhan Mantri Surya Ghar programs in African and island countries. 

The World Bank has raised India's growth forecast for the fiscal year 2025-26 from 6.3% to 6.5%. This increase is primarily a result of a strong domestic market and the impact of the government's visionary GST reforms.

The 11th World Green Economy Summit (WGES) was held on 2nd October 2025 at the Dubai World Trade Centre.

The Reserve Bank of India (RBI) has constituted the Payment Regulatory Board (PRB) to regulate and supervise India’s evolving digital payments ecosystem.

The Government of Karnataka has launched the LEAP (Local Economy Acceleration Program) with a budget of ₹1,000 crore for five years.

Union Home Minister Amit Shah inaugurated the Startup Conclave 2025 at Mahatma Mandir, Gandhinagar.

On 24 September 2025, the Government of India implemented a significant policy change.

India and Australia have signed a Mutual Recognition Agreement (MRA) for organic products under the India–Australia Economic Cooperation and Trade Agreement (ECTA).